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THE Demand for a product or a services depends on a host of factors .some factor are specific product or services market .the importance of these factors may also very over time and over space. how ever the following factor are common to all demand...
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∙ 11y ago
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What determines a demand for a product?
Purchase power,income level,necessarity,willingness
Who determines the demand for a good or service?
The consumer.
What determines the prices of goods and services in the product market?
Supply and demand. Supply and demand determines the prices of goods and services in the market.
What determines a price of a good service?
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
What determines the incidence of a tax?
the elasticity of demand of the product taxed
What determines a demand for a product?
Purchase power,income level,necessarity,willingness
Who determines the demand of a product?
the consumer
Who determines the demand for a good or service?
The consumer.
What determines the prices of goods and services in the product market?
Supply and demand. Supply and demand determines the prices of goods and services in the market.
What determines a price of a good service?
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
What determines the incident of tax?
the elasticity of demand of the product taxed
What determines the incidence of a tax?
the elasticity of demand of the product taxed
What determines prices in the market?
The cost of producing a good or service along with the demand for that good or service.
What is stagnant demand?
Stagnant demand refers to a situation where the level of consumer demand remains low or constant over a period of time, without showing signs of growth. This can be a result of various factors such as economic downturns, saturation of markets, or changes in consumer preferences. Stagnant demand can have negative implications for businesses as it can lead to lower sales and revenue.
What is demand uncertainty?
You don't know how much need there is out there for your service or product.
What is a call for a product or service a need or want?
a demand
How demand-pull inflation leads to an upward trend in prices?
Demand-pull inflation will tend to result in less demand for a product. This tactic is used when too many dollars are going after products with too little supply.
